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V0141-17 ·23 January 2017 ·consulta-vinculante Medium impact
Tax

Reinvestment exemption applicable if new home was purchased up to two years before selling the previous one

The taxpayer asks whether the exemption for reinvesting in a primary residence can be applied if the new property was acquired before the sale of the old one. The Directorate General for Taxes (DGT) confirms this is possible, provided the requirements for primary residence status are met and the proceeds from the sale are used to finance the new home.

In 6 key points

How it affects those involved

This ruling provides clarity for taxpayers planning to upgrade or change their primary residence, confirming that the reinvestment window allows for prior acquisition of the new property.

Lifecycle

2017-01-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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